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daily digest

2023-06-01 - Intel session's growth on 5.54%. Buy McDonalds shares to receive dividends

Thu, 06/01/2023 - 07:57

General market trends

The most interesting movements based on the results of the previous month:

  • The NASDAQ Composite ended May with a 5.8% gain, largely due to the continued enthusiasm around AI.
  • Chipmaker Nvidia jumped 36% in May, touching a $1 trillion market cap. The company's shares have become an investor favourite with high volatility and optimistic future forecasts from management.
  • Tech giants Alphabet, Meta and Amazon all rose at least 10% during the month. Market tensions in the banking sector have prompted a rotation back into growth stocks, according to Simon Webber of Schroders.

Previous session's movement leaders

The stocks of the following companies showed the greatest growth:

Intel +5.54%
Intel Corporation (commonly known as Intel) is an American multinational corporation and technology company headquartered in Santa Clara, California. It is one of the world's largest semiconductor chip manufacturers by revenue, and is one of the developers of the x86 series of instruction sets found in most personal computers. 

Marathon Patent Group INC +4.47%
Marathon is a digital asset technologies company focusing on the blockchain ecosystem and cryptocurrency mining. Its flagship 105-MW data centre is located in the US state of Montana. The company is planning to launch 103,060 new miners in 2021. When fully deployed, these will generate approximately 10.36 EH/s, which will bring the company $618 million annually.

Gitlab Inc. +3.58%
GitLab Inc. is an open-core company that operates GitLab, a DevOps software package which can develop, secure, and operate software. The open-source software project was created by Ukrainian developer Dmytro Zaporozhets and Dutch developer Sytse Sijbrandij. 
GitLab has an estimated 30 million registered users, with 1 million being active licensed users.

Planned events

Corporate events

Last day to buy shares to receive dividends!


McDonalds ($1.52)
In terms of corporate events, an important date to note is 2 June, 2023, which is the last day to buy shares of McDonald's to be eligible to receive dividends. Known as the 'record date', this is the cutoff day established by a company in order to determine which shareholders are eligible to receive a dividend or distribution.

Macroeconomic events


United States. ISM Manufacturing PMI (14:00 GMT)
On the macroeconomic front, investors will be keenly watching the release of the United States ISM Manufacturing PMI report on 1 June, 2023. The ISM Manufacturing PMI (Purchasing Managers' Index) is based on a survey of purchasing managers in the manufacturing sector. This report is a significant economic indicator as it provides information about the manufacturing sector's health and performance.

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